Coalition of Upstate taxi companies voicing opposition to ride-sharing expansion
A new coalition of taxi groups from Upstate is launching increased opposition to the expansion of ride-sharing into places like Western New York.
Drivers are breaking up with Uber to get back with yellow
The yellow-cab industry shows the first inklings of a comeback. Meanwhile, in a driveway in Queens, Brinto Rashed's black Lexus sits idle
ALERT!! TMODA – NYETA UNITE FOR NY CITY HALL RALLY JUNE 22nd, 11:30am
NOW is the time for action, before the medallion becomes an icon of the PAST. There is always strength in numbers!
Wall Street loans Uber $1 billion to offer subprime auto leases
Uber, which has recently been trying to appease its drivers, has secured a $1 billion loan in a deal led by Goldman Sachs to underwrite new car leases for drivers, Bloomberg reports.
Uber is Now Preying on the Poor
Earlier this week, Bloomberg reported on Uber's controversial leasing program, Xchange. Launched almost exactly a year ago, Xchange is a leasing program that's offered to Uber drivers with poor credit. Now that people have had some experience with Xchange, we're starting to see a very real and very dark underbelly.